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Jim Jubak: What's Next for the Big Banks
From
Peter
Published 25 months ago
Look for more trouble in the financial sector in the coming weeks, says MSN Money’s Jim Jubak. Banks hoped the subprime mess was near a bottom so they could hold loans until prices recovered. But as other investors start selling, banks will have to... more
Look for more trouble in the financial sector in the coming weeks, says MSN Money’s Jim Jubak. Banks hoped the subprime mess was near a bottom so they could hold loans until prices recovered. But as other investors start selling, banks will have to write down their portfolios. Hear more from Jim Jubak, the Web's #1 investing columnist, on MSN Money: http://articles.moneycentral.msn.com/commentary/byauthor/jimjubak.aspx less
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